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COMMERCIAL.

The amount of revenue collected at the Customhouse i" eooda cleared for consumption to-day wos £778 7p.

Napier, October 15.—The Colonial Consignment and Distribution Company have received a London cable stating that prices in the frozen meat market are unchanged.

MINING NOTES. A dredge has commenced work on the banks of the Clutha River at Tuapeka Mouth. The Hope of Dunkeld dredge has also been brought down from Roxburgh, and is about to start qperations at the same place. The prospects are said to be very good, and there are rumors of other claims being pegged off.—' Clutha Leader.' Some of the workmen on the Bowmans Flat dredge (Hotop's), getting tired of waiting for the machinery which the contractors are so dilatory in sending up, have left the job in disgust.—The gold thief is still amongst the miners at Quartz Reef Point. About a fortnight ago the Excelsior party's claim was again tampered with, but this persistent rogue did not prove so successful as on other occasions. This ib the third time this party's claim has been robbed within about ten months.—'Cromwell Argus.' ihe 'Westport News' learns that the Shamrock Company are on good gold. Reports of excellent returns from the Back Creek goldfield continue to filter in, says a late Greymouth paper, although the miners are very reticent as to their yields. We learn that two parties on Back Creek terrace (Hansen's rush) have recently washed up with yields giving £l2 per man a week in each case. The gold yield of Queensland for September was 65.9160z, Charters Towers with 30,2750z and Mount Morgan with 13,93-ioz heading the list. The total for the nine months of the year was 552,3220z, being an increase of 91,8720z on the same period last year. The amount paid in dividends during September was £57,592. Mr W. R. Cook, secretary of the Deep Stream Amalgamated Hydraulic Sluicing Company, Limited reports that work on this company's No. 1 race ha* been vigorously prosecuted since last report. For the early part of the month ninety

i wages men>ahd the insukl contract employed. butiiow.that.th'e rock work and ditch- . ing approaches completion the' contract ganjts and 'some twenty wages men.ha Ye.been.paid.off, and j the (at present seventy)' will be I reduced to abbgt -twenty the next fprti night. During the month, -the Maud Gr>ham, chartered by the company .to. bring down a cargo of kauri" from'"Mercurytßay, arrived, and the tjmberCs' nowat-Outram, aha in' transit to the' claims..; Two of the directors have ju9t returned from ft visit,of inspection, and they report that the '.xaHse'ta Ve^y.nearly complete/and thatabout'-' fifteenchains of the fluming is in position.' Four teams are. constantly on the road; and others are -being.invited to assist in the cartage. There is' still, about a hundred chains of fluking" to fix, and the "company" are" advertising for additional carpenters in th is issue.- Messrs A! and T. Burt bav? nearly completed the plant for the first two elevators, which will go" forward as soon as the timber is'-away from Outran). The race'being largely cut in the solid rock, will be of a very permanent nature, and the cost of its up-keep should be nominal. Given a continuance of good weather, actual sluicing operations should be commenced about the end of the coming month,

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https://paperspast.natlib.govt.nz/newspapers/ESD18971015.2.46

Bibliographic details

COMMERCIAL., Issue 10445, 15 October 1897

Word Count
546

COMMERCIAL. Issue 10445, 15 October 1897

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